Topics started by Shehan Wickramaratne

3 Topics

S
Hero (Employee)
Shehan WickramaratneHero (Employee)
asked in Finance (Financials)

Can you enable FEC for an Italian localization company?

We are licensed with the GET module. In the French country localization, there is the FEC report The Auditors want this report for our Italian CO in IFS Apps 10 UPD 8 but FEC is not an option. How can this be enabled? What is FEC format?The FEC allows the auditor to carry out consistency checks between accounting documents and tax declarations. Moreover, the computer format allows a significant time saving for the tax administration. The latter can thus perform remote verifications, which reduces his time of presence within the company.

0
S
Hero (Employee)
1 year ago
S
Hero (Employee)
Shehan WickramaratneHero (Employee)
asked in HCM (Human Capital Management, Payroll)

NIC Primary Threshold - July 2022

There is a change to the NIC primary threshold on the 6th of July 2022, which means regulation NI03 needs to be updated in IFS. Can you advise if this is something that will be automatically changed by an IFS update? Can you please confirm the status of this or notify me where to look for this information?. 

0
S
Hero (Employee)
1 year ago
S
Hero (Employee)
Shehan WickramaratneHero (Employee)
asked in Finance (Financials)

Implement Over-receipt protection - SOX internal controls impact

Hi,We want to configure IFS to prevent the over-receipt against the relevant PO within specified tolerances (lesser of 10% or 500$ of the total approved amount per the PO).  Is there an IFS configuration that addresses our needs?   Thanks Ref: G2287621

1
A
Hero (Customer)
2 years ago

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